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How to Maintain the Value of Used Cars

How to Maintain the Value of Used Cars

Once a new car leaves the lot of a dealership, its value drops dramatically. This is why used cars can sell for so much less. However, even at a lower base price, used cars are still an investment. The more you protect any investment, the more valuable it will become. Doing this is especially important if you plan on selling or trading in any of your used cars down the road.  

used cars

Clean It

One of the best things you can do for both new and used cars is to keep them clean. This includes the interior, exterior, and even the details of your vehicle. Doing this will keep your paint from discoloring and will keep your carpets from needing to be replaced. You’ll also want to be sure that you get your car detailed and waxed a few times a year and that you avoid anything that could stain your vehicle or give it an unpleasant smell. Avoid eating, drinking, or smoking in your car. If you have young kids, you might also consider getting seat covers to protect against mud and spills.

Protect It

Vehicles are almost always subject to environmental factors. It’s essential to be aware of your local climate. Cold weather can cause internal damage to your car, such as interfering with the brakes or parts of the engine. All the snow and wet roads can also increase the chance of rust, which can put a big dent in the value of your car. On the other hand, too much sun can discolor or damage your paint, interior dashboard, and other trim. If you live in an extreme climate, your best option may be a garage. It’s also a good idea to park further away from other vehicles to any scrapes, scratches, or dings to your car.

Leave It

If you’re planning a big vacation this summer, it’s a good idea to use a rental car. The less mileage on used cars, the more valuable they are. Using a rental car can also prevent additional wear and tear that you may have to pay to repair later. Let the car rental business take care of extra mileage while you maintain the value of your vehicle. In the long run, the price that you pay to use the rental car will be well worth it. Similarly, when do you do drive your car, but sure to be easy on it and drive at a moderate pace to avoid any sudden braking or sharp turns.

Maintain It

One of the ways to not only maintain but also increase the value of your vehicle is to do regular servicing on it. This not only maintains your car’s value, but it can also increase it. It might feel like a hassle, but if you do routine servicing and then carefully keep all the receipts and other records, you will be able to prove that your used vehicle is in prime shape.

At Automatic Car Credit, we are dedicated to helping you find the perfect fit. With us, your job is your credit, and we can get you approved in a matter of minutes. Visit our website today to learn more. 

Sources:

https://www.stretcher.com/stories/11/11mar28c.cfm

https://cashmoneylife.com/maintain-value-of-your-car/

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